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20121009
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obama and mitt romney have jabbed at each other from afar for weeks, but now they get to do it face to face as they get set tonight for their first debate. slipping growth hits home in china's resilient services sector. >>> and more signs of trouble for the spanish government as the latest figures show its corporate tax revenue has tumbled. mariano rajoy issues the latest denial that he's ready for a bailout. >>> we now have the latest numbers crossing for the eurozone services pmi. the september final services read coming in at 46.1. an improvement that we have seen from the 46 number. this is still the lowest level we're seeing since 2009. the forward indication 49.4. in terms of what we're seeing on the final comp sit pmi, this is above the 45.9 read that we have, but just a fraction below what we saw in august, the rate was 46.3 then. this is the lowest read since may 2009. in terms of new business number for the composite september rate, 43.8. we're still right back at some of these 2009 lows. >>> elsewhere, the numbers are not that much better. lisa has more on these numbers o
in honor of fire prevex week, president obama acknowledging his weak performance at last week's debate but was it enough to put out the flames? this is a lame pun. we hear from former pennsylvania governor ed rendell next and preview this week's vice presidential debate and later, leadership for a new generation a former apple executive who worked closely with steve jobs will join our guest host carly fiorina to talk test success and lessions learned. >>> time for your "squawk box" history lesson. what year did "squawk box" debut? logon and like the facebook page. we're posting classic moments all week long, receive updates and post your comments about the show. "squawk box" on cnbc, and on facebook. numbers... ...and listening to your instinct. duff & phelps finds the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people whi
on the president, puts pressure on the staff. so the next two weeks, not going to be fun in the obama camp but i would expect a sharper more offensive-minded debate. >> as you point out, you're dealing with an area where the headlines have not gone their way in the past month. dan, i loved having you on. we'll see you next time. >> good to see you. >> dan bartlett joining us from atlantic. ga gary cokaminsky. >> i'm here in the control room. i was watching like much of the viewers. meg whitman joined. a lot of people wondering why is the slot down again today? let me tell you. every time a ceo comes on the air there's anticipation that the ceo is going to say something to at least stop the selling. i'm going to explain why that was not the case. certainly as you know, miss whitman was really on message. she talked about the employees many times. she talked about all the new products. when she was asked specific success things about the business, she spoke about the great new products. you asked a fantastic question about the board of directors. i don't think she really answer thad question. as y
. republicans were thrilled with his performance. democrats were not so thrilled with president obama's performance. the question is going to be has mitt romney been able in a race where he's been clearly behind the president to hurt him enough and sustain that momentum over the next three weeks. that's what's really critical. there have been strong debates, john kerry had a strong debate against george w. bush in 2004. but he wasn't able to translate that into lasting benefit. that's the best of the next three weeks, to see whether romney can keep it going or whether president obama comes out with a higher level of aggression, higher level of energy in the next debate and stop the momentum that romney accumulated last night. >> okay. yeah, i had so many different thoughts, john, as we watched the whole thing. i remember that a lot of republicans were supporting newt gingrich because just for this moment, they wanted -- they thought newt was such a great debater, they wanted to see someone like newt talk to president obama about his policies and about the last four years. and they tho
higher, s&p 500 will open up higher as well. we've got a busy week ahead on the first day of october and the fourth quarter, first day of the new supreme court term and the first debate between president obama and gop challenger mitt romney, that's set for wednesday and wall street looking ahead to the september employment report, that's due out on friday morning. the international air transport association raised its industry profit forecast, expecting the airlines to make $4.1 billion, up from an earlier forecast of $3 billion but considerably less than last year's $8.4 billion figure. >>> general motors is recalling almost 41,000 cars sold in warm weather states, the recall is due to a plastic part that could crack and cause a fuel leak, the chevy cobalt and equinox and pontiac g5 and torrant suv sold through 2007-2009. >>> we'll go back to ross in a second but we are indicated higher here because of what's happening there, and i don't know if there's no riots, maybe that's it or it could be what we already talked about. >> the ryder cup victory? >> there were no french guys on th
claims in last month's survey week. the ism jobs manufacturing is at a three-month high for that component. services was down in september but still above the 50 point. i don't think romney turns to obama and says we are doing gangbusters on jobs but they are in the 200,000 range. >>> housing the other part of the story. one more sign that the housing market may be creeping back. mortgage applications surging almost 17% last week. but as more people are looking to buy, that is not good news for the rental market. new numbers out today raising new questions about whether there will be enough demand for all of those new apartment buildings. diana olick joins us with some worrying new figures. diana. >> reporter: yeah, that's right, sue. apartment demand had been red hot but we've got new numbers out do that show we may have reached the peak. apartment vacancies are still coming down but now at the smallest rate in over two years. absorption of new units also slowing and rent gains coming way down as well. this is an avalanche of new apartments coming online, multi-family h
that we could have an electoral tie. highly unlikely. so i don't think the election's over. b obama has the lead. we still have a month to go. the next two weeks with three presidential, one vice presidential debates, we have a chance for mitt romney to set a different impression with the american people than he's been able to do so far. who knows what president obama will do and what events are happening in the world. but i'm not sure other than some tightening from a little surge that obama had which i think is receding a little bit, i'm not sure what nate is talking about. >> john, you wrote a column that talks about the debates and the impact of the debates traditionally. and made the case that traditionally it makes very little impact. >> there are many individual moments that make an impression. but to fundamentally change where a race is going is very rare and you need a combination of events. the example that i used in that piece, andrew, was 2000, al gore had a lead of about what president obama has now entering the debates against george w. bush. he had a reputation as a stron
the greek prime minister. next week sees the vice president presidential debate before we get two more presidential debates. one of the major issues is it that looming fiscal cliff. president obama challenged mitt romney on his plans for cutting the nation's debt. >> when i got on to the stage, i met this very spirited fellow who claimed to be mitt romney. but it couldn't have been mitt romney because the real hit romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fell wloe on stage last night said he didn't know anything about that. >> the president's vision is trickle down government and i don't think that's what america believes in. i see instead a prosperity that comes through freedom. >> president of the committee for responsible federal budget, director of the fiscal policy program, as well, and joins us now. have you heard anything -- have you heard enough of of a commitment from either side of the aisle that you thought might actually work? >> well, what we didn't hear was enough specifics. so i think the g
to do. >> i asked you earlier in the week if it was a romney rally you said no. didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of the obama influences. but that's kind of the backdrop. the reason why the numbers look disproportional says a blot our mrk markets being illiquid. >> what does it mean about merkel going to greece. is that pivotal? >> i'm not sure unless there's a surprise. poor greece is out there festering. everybody is concentrating on spain. greece has not been solved. would be good to solve it. but that doesn't change anything about spain which is a much bigger factor and spain brings in the challenge of italy behind it. so that the
Search Results 0 to 8 of about 9